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Multi-Unit Medical Office Building
For Sale
$1,225,000

401 E North Boulevard LEESBURG, Leesburg, FL 34748

Medical or professional office building with three units and approximately 115 feet of highway frontage.

Property Size9,800 SF
Price / SF$125
Days on Market53

Property Features for 401 E North Boulevard LEESBURG

General Information

Standard status Active
Size 9,800 SF
Total Parking Spaces 60
Zoning C-3

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $20,172

Amenities

Carpet,Ceramic Tile,Laminate,Luxury Vinyl
true
Public Records
Mature Landscaping
Oversized Lot,Retention Areas
Public
1.1318
1.13
false
Ground Level,Over 30 Spaces
Paved,Asphalt,Concrete
Slab
Street Paved,Highway
9800
1
Public Maintained Road

Building Details

Building Size 9,800 SF
Year Built 2005
Buildings 1
Tenancy Multi
Listing Agency: THE REAL ESTATE COLLECTION LLC
Listed By: Ellyn Siviglia · License #3121297
Source: Therealestatecollection
Added: Jun 30 Changed: Aug 20 Last Checked: Aug 20 at 4:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE REAL ESTATE COLLECTION LLC

Investment Insights

Based on property information with market context.

This property offers approximately 9,800 square feet of medical or professional office space configured into three units. One unit is about 5,800 square feet and is currently leased, while two additional office units of about 2,000 square feet each are vacant and being prepared for the next tenant.

The building is located on 441 with approximately 115 feet of highway frontage, providing road traffic and exposure. The parking lot can accommodate 60+ vehicles.

The property is described as being in excellent condition, with exterior painting and recent repaving and re-striping of the parking lot completed last year. The larger unit can be built out into two or three units if additional rental opportunities are desired.

Key Highlights

  • Approximately 9,800 SF medical or professional office building with 3 units
  • About 115 ft of highway frontage on 441 for visibility and road exposure
  • Tenant‑occupied 5,800 SF unit leased at $5,000/month with a 5‑year term and 3 years remaining

Property Analytics

Current Use

De Jesus Maria ... Physician Dr. Michael G. ... Physician Louis Bernadin Bois Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,342
Businesses Nearby

Demographics for 34748, FL

45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Medical or professional office building with three units and approximately 115 feet of highway frontage.
Where is this office units located?
The property is located at 401 E North Boulevard LEESBURG Leesburg, FL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Approximately 9,800 SF medical or professional office building with 3 units; About 115 ft of highway frontage on 441 for visibility and road exposure; Tenant‑occupied 5,800 SF unit leased at $5,000/month with a 5‑year term and 3 years remaining
More about this property
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